All posts tagged: inflation

US Inflation Shock as Americans Keep Paying More for Food with nothing but the Prospect of Unemployment to Look Forward to if the Federal Reserve Policies are Successful

Today, President Joe Biden issued a statement about the rising Consumer Price Index (CPI) in September. He painted disappointing data about the US economy in a surprisingly positive manner: “Today’s data show more progress in bringing global inflation down in the US economy.  Overall, prices have been essentially flat in our country these last two […]

Those who Claimed to Fix the Economy in Return for Bartering Occupied Kashmir Away, Only Lost Us Both Kashmir and the Economy

This is the End Result of Dealing with Evil Colonialism! So is There Still Anyone Who Has Yet to Learn Their Lesson?! The Spokesperson of Pakistan’s Foreign Office has confirmed that General Bajwa has called the US Deputy Secretary of State, Wendy Sherman, requesting the United States puts pressure on the IMF, to release a […]

Kenya: We Salute You on Eid ul-Adha

Hizb ut Tahrir / Kenya would like to extend the warmest greetings on the blessed Eid ul-Adha to the Muslims in Kenya and the whole world in general. We convey our congratulations to the men and women working tirelessly toward reestablishment the second Khilafah (Caliphate) upon the method of Prophethood. We would like also convey […]

Adopting Gold and Silver as the Basis of the Khilafah’s Currency is a Shariah Ruling, Which Will Bring Price Stability and End the Menace of Rampant Inflation

In a positive development, a debate has erupted over Islam’s ruling regarding adopting gold and silver as currency of the Khilafah, as a solution to the high inflation, which the Muslims of Pakistan face today. The debate has spread from those who advocate Islam, in support of gold and silver currency, to include those who […]

The Inflation Crisis is the Fate of Capitalism

Nureddin Nebati, Minister of Treasury and Finance, said, “High increases in international commodity prices, especially food and energy, triggered by the global pandemic and war circumstances, and some disruptions in supply chains play a fundamental role in high inflation rates in our country, as in all other countries in the world.” said. (03.06.2022 Akşam)

Pakistan’s Economy is Crashing!

Pakistan’s economy is crashing due to international trade based on the dollar, debt with interest (riba) and expensive oil and machinery imports. Islam establishes all trade on gold and silver, ending dollar hegemony. Islam abolishes interest (riba), ending the debt trap. Islam obliges substantial domestic heavy industry to ensure independent, powerful armies. The Khilafah will […]

Turkish Statistical Institute Continues Despoiling the Citizen with its Inflation Numbers that Do Not Reflect the Truth

The Turkish Statistical Institute has shared its inflation numbers for April. According to the numbers of the institute, the consumer price index (CPI) increased by 69.97% year-on-year and 7.25% month-on-month. The Inflation Research Group (ENAG), which is composed of academics, announced that the inflation figure for April was more than double the figures of the […]

Even if Faces Change a Thousand times, there is No Change Possible in this Ruling System. Real Change Can Only Come Through Abolishing Democracy and Establishing Khilafah

The fruit of the poisonous plant of democracy is apparent. No matter how much water, sunshine and fertilizer is made available to this plant, it will only bear poisonous fruit, both now and in the future. The ‘corruption-free’ democracy project collapsed under its own weight in just three and a half years. It was under […]

Views on the News: 06/04/2022

Headlines: • Genocide in Ukraine? • ‘Israel’, UAE Finalise ‘Milestone’ Free Trade Deal • Turkish Inflation Genocide in Ukraine? Ukrainian authorities released photos and videos showing corpses lying on the streets of the town of Bucha near Kyiv after Russian forces left the area. Kyiv called what happened there a genocide and demanded that the […]

Q&A: The Turkish Lira Falls to its Lowest Level And its Implications on the Presidential Elections in 2023

Question: The Turkish lira plunged to its lowest level in a short period, losing more than 30% of its value in less than two months, and losing more than 45% of its value since the beginning of this year. The inflation doubled to about 21% and prices rose significantly. Note that it has been in […]

Istanbul Conference: “Islamic Solutions to Economic Problems”

Hizb ut Tahrir/ Wilayah Turkey organized a conference in Istanbul entitled, “Islamic Solutions to Economic Problems.” Ust. Abdullah İmamoğlu gave a speech entitled “Islam is the Only Source of Revival ” and after the brother’s speech a video recording was shown entitled, “The Source of Economic Problems and their Islamic Solution.” Musa Bayoğlu entitled, “The […]

The Source of the Crisis is the Kafir Capitalist System, not the Structure of the Authority or Management

Turkey’s agenda is shaken by the dramatic collapse of the Turkish lira against the US dollar. The US dollar, which was equivalent to about 6 Turkish liras at this time last year, has crossed the 13 Turkish liras range. The rise in the exchange rate naturally leads to a rise in the prices of all […]

A Khilafah Alone Can Ensure Economic Development, through Unification of the Abundant Resources of the Current Divided Muslim Nation States, including Pakistan

In November 2021, Pakistan and the International Monetary Fund (IMF) reached a staff level agreement for the next interest based loan tranche, upon fulfillment of IMF conditions. The IMF conditions include an increase of Rs. 350 billion in taxes through a mini-budget, an increase of Rs 4 per liter in the Petrol Development Levy (PDL) […]

Views on the News 24/11/2021

Headlines: • Déjà vu Sudan • Pakistan Turns to IMF Again • New Bill to Remove British Citizenship Déjà vu Sudan After being removed in a coup a month ago Abdalla Hamdok has reinstated by General Abdel Fattah al-Burhan after signing a political agreement. Twelve cabinet ministers submitted their resignation in protest against the political […]